SCHEDULES

SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors

PART 1Company insolvency

Winding-up

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1

Section 136 (functions of official receiver in relation to office of liquidator) is amended as follows.

2

In subsection (4) for “summon separate meetings of” substitute “ in accordance with the rules seek nominations from ”.

3

In subsection (5)(a) and (c), omit “to summon meetings”.

4

In subsection (6), for “summon meetings of” substitute “ seek nominations from ”.